Eligible Collateral:
- Multifamily, Office, Retail, Self-Storage
- N/OO SFR's, Mixed -Use
- Warehouse, Light Industrial, Select Automotive
Guidelines:
- Loan Size $250k - $5MM
- Interest Rates: 5.99% - 8.75%
- Term: 30 years
- Fully Amortizing - NO Balloons
- 620 Minimum Middle Score
- Up to 75% LTV
- 3, 5, and 8 year Fixed Period Options
- Pre-Payment May Apply - Please Inquire.
- 30-45 days -Quick Closing
- Minimim Documentation
Transaction Types:
- Acquisitions, Refinancing, Consolidations, Distressed Assets
- Bank Work-out, Bank Turndowns, Time-Sensitive Transactions
- Value-add Properties, DPO's, Partnership Dissolutions; Cash-out
Impounds/ Escrow Reserves:
- Real estate taxes
- Hazard insurance
- Replacement reserves-(If required).